DIRS.INFO The most relevant business & tech news

☆ Couple has $3 million in assets, but $40,000 in credit card debt due to 'sloppy' financial management, says money expert
▼ + stars: | 2024-11-15 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +4 min

When asked how they racked up so much debt, the couple mentioned emergencies like a flood, a car accident and other unexpected costs. They could feasibly tap their savings and investments to wipe out their credit card debt almost immediately. Yet they also owe $40,000 in credit card debt, they told self-made millionaire and money expert Ramit Sethi on a recent episode of his "Money for Couples" podcast. Even high earners can find themselves under a mountain of credit card debt if they let their spending go unchecked. Then, they can institute a standard operating procedure with rules, such as putting cash windfalls toward their credit card debt or discussing purchases over a certain price.

Persons: Sethi, Megan, Ramit Sethi, Jason, You've, Jason wasn't, it's Organizations: Formula, CNBC

Graves defines work-life balance as scheduling family time into his calendar, to avoid getting lost while growing his company. "There's always something to work on and you'll just constantly do it, so it's being very diligent on planning," says Graves. "You might be tired, but you're not going to be dragging around ... You're going to be just as enthusiastic for those special times [with your family]." You can similarly schedule wellness days into your life, psychologist Casey Tallent told CNBC Make It in September. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Todd Graves, Graves, I'm, Cane's, procrastination, Nir Eyal, it's, Casey Tallent Organizations: CNBC Locations: Baton Rouge , Louisiana

☆ Bank of America says Trump's win will unlock small-cap M&A and these stocks may be takeover candidates
▼ + stars: | 2024-11-15 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

President-elect Donald Trump's White House victory could boost merger and acquisition activity, and Bank of America thinks a group of small-cap stocks may benefit as target candidates. Financial services company Bread Financial Holdings turned up, having a float of 98% of shares outstanding and three-year sales growth of 28%. The biopharmaceutical company has a float of 99% and three-year sales growth of 105%. Commercial Metals Company also showd up on BofA's screen as a potential target. Commercial Metal's three-year sales growth was 18%.

Persons: Donald Trump's, Russell, that's, Lina Khan, Jill Carey, Irving, steelmaker Organizations: Bank of America, Dow Jones Industrial, Republican, House, Senate, Trump, FTC, GOP, Financial, Bread Financial Holdings, Halozyme Therapeutics, Commercial Metals Company Locations: Columbus , Ohio, Diego, Texas

It's also a more reasonably priced option, especially if you can find a good Casper coupon or promo code. Today's best Casper coupons and promo codesAs of writing, these are the best Casper coupons you can score on your next purchase. Be sure to apply your promo code to your purchase by clicking "Apply promo code" before completing your Casper checkout. CasperCan you stack Casper coupon codes? Casper coupon codes vary on whether they can be used in store.

Persons: It's, Casper, Casper Snow, that's, I've, Casper Casper, Casper's, you'll Organizations: Business, Black, Casper, Casper Black

☆ The app data has spoken, and Gen Z's love for Temu is real
▼ + stars: | 2024-11-15 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

Temu was the most downloaded app by Gen Z in the US in the first 10 months of 2024. AdvertisementAmerica's Gen Z is really here for Temu. The Chinese online marketplace was the most downloaded app by Gen Zers in the first 10 months of the year. "Gen Z values a highly curated shopping experience that delivers both variety and convenience at accessible price points," Whaley said. Gloria Gan, a lifestyle analyst at the UK-based market research firm Mintel, said Temu is making inroads with Gen Z because of the generation's "tech-savviness and frequent online shopping habits."

Persons: Temu, Gen Z, —, Gen Zers, Zers, TikTok, Jim Whaley, Whaley, Gloria Gan, Gen, Gan Organizations: Service, PDD Holdings, Daxue Consulting, Business, Amazon Locations: China, York

At the time, Hochul said congestion pricing at that rate would be a hardship on New Yorkers struggling to make ends meet in the post-pandemic economy. Now the race is on to get congestion pricing approved before President-elect Donald Trump, who opposes it, takes office in January. The revised congestion pricing plan is expected to go before the Metropolitan Transportation Authority board for approval next week. After the expected MTA approval, the state and city will then ink an agreement with transportation officials in the Biden administration, who have been supportive of congestion pricing. They also predicted that congestion pricing would generate $15 billion that could be used to modernize subways and buses.

Persons: Kathy Hochul, Hochul, ” Hochul, “, Donald Trump, Phil Murphy, Murphy, Biden Organizations: New York Gov, Yorkers, New, New Jersey Gov, America, Metropolitan Transportation Authority, MTA, NBC News, Manhattan's Central Business District, Financial Locations: New York City, Manhattan, New York, New Jersey, Hudson

Here's a rapid-fire update on all the stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. This time around, Trump's tariff proposals on Chinese imports could help Amazon in its competition against low-price online sellers Temu and Shein. Salesforce : Not a Trump stock, but it wasn't a Kamala Harris stock either. Constellation Brands : The Mexican beer importer has been punished on fears about what Trump's tariff and immigration proposals could do to its business. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jim, Donald Trump's, Trump's, Abbott, Trump, Hock Tan, Tan, We'll, it's pricier, Morgan Stanley, Wells, Kamala Harris, Agentforce, That's, Biden, Dover, Eaton's, Elon, Waymo, JD Vance, we've, Linde, that's, Eli Lilly, Robert F, Kennedy Jr, Kennedy, Lilly, Mark Zuckerberg, Zuckerberg, Goldman Sachs, shouldn't, Nextracker, Brian Niccol, Niccol, Stanley Black, Decker, TJ Maxx, Wells Fargo, Jim Cramer Organizations: Jim Cramer's Charitable Trust, CNBC, Abbott Laboratories, Abbott Labs, White, Biden, AMD, Trump, Wednesday, Broadcom, VMWare, BlackRock, Costco, Coterra Energy, Coterra, DuPont, Disney, GE Healthcare, GE Aerospace, Google, Honeywell, Elliott Investment Management, Linde, Microsoft, Big Tech, Apple, Meta, Financial Times, Nvidia, Palo Alto Networks, Yum Brands, Taco Bell, Constellation Brands, Management, TJX, Marshalls, Jim Cramer's Charitable Locations: China, India, Missouri, Wells Fargo, BlackRock, Shanghai, Dover, U.S, Palo, HomeGoods

☆ Chasing achievements can leave you unfulfilled: Take these 5 steps to focus on direction in life, not destination, author says
▼ + stars: | 2024-11-14 | by ( Renée Onque | ) www.cnbc.com time to read: +6 min

Directional living involves focusing "on the direction of our life that we're going in, as opposed to the destination and where we think we're going to end up," Hellerer says. AlignOnce you're aware of how fixated you've been on achieving a specific goal, you can align yourself with directional living, Hellerer says. "This has to do with figuring out what I call our big direction," Hellerer says, which is similar to purpose. "Orient has to do with figuring out the direction you're heading in without needing to know precisely where you're going." In your final stage of directional living, you're constantly aligning and releasing as needed.

Persons: Hellerer, Megan Hellerer, Tami Muller, I've, Alexandria Ocasio Organizations: Orient, Staff, CNBC Locations: Alexandria, Cortez

☆ Bitcoin could hit $100,000 by Inauguration Day, says crypto expert—what a Trump Presidency could mean for digital assets
▼ + stars: | 2024-11-14 | by ( Ryan Ermey | ) www.cnbc.com time to read: +5 min

"A Kamala presidency would have meant the same exact things for crypto and digital assets in four years' time as a Trump presidency," Brokate says. Part of crypto's upward price momentum stems from investor optimism in what a Republican-controlled government could mean for digital assets, Brokate says. But forward-looking investors say that the current market for crypto is barely scratching the surface of potential investor demand. That is, crypto advocates say, if the U.S. government provides a clearer regulatory framework for financial institutions to market and sell crypto and other digital assets to customers. Ideally, crypto enthusiasts say, the U.S. would eventually establish regulatory frameworks similar to the one that exists in Europe known as MiCA — Markets in Crypto Assets.

Persons: Kamala, Trump, Brokate, Federico Brokate, bitcoin, Geoff Kendrick, Andy Baehr, hasn't, Baehr Organizations: Republican, Trump, Crypto, CNBC Locations: U.S, Europe

☆ A smart way to follow value investor David Einhorn into his latest play that generates income to boot
▼ + stars: | 2024-11-14 | by ( Michael Khouw | ) www.cnbc.com time to read: +6 min

Value investors believe these companies are undervalued due to temporary issues, market overreactions, or broader economic conditions. The approach is long-term, as value investors wait for the market to recognize the company's actual value, which may take time. On a podcast earlier this year, well-known hedge fund manager David Einhorn of Greenlight Capital lamented that modern-day passive investors pay no attention to "value" of the companies they buy. Outcome Scenarios : If the stock price stays above the strike price, the option expires worthless, allowing the investor to keep the premium as profit. If the stock price falls below the strike price, the option buyer will likely exercise it, obligating the seller to buy the stock at the strike price.

Persons: Benjamin Graham, Warren Buffett, David Einhorn, CNH Organizations: Greenlight, Deere & Co, Agco Corp, Farmers, CNBC, NBC UNIVERSAL

☆ Baupost's Seth Klarman takes new stake in Dollar General, exits Capri before botched deal
▼ + stars: | 2024-11-14 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Baupost's Seth Klarman took a sizable stake in discount store Dollar General last quarter, while exiting Michael Kors-owner Capri before its megadeal to merge with Tapestry was blocked by regulators. The notable hedge fund investor built a $195 million stake in Dollar General, making it his eighth-biggest holding at the end of September, according to a new regulatory filing. The stock took another beating after Donald Trump 's election raised concerns that his proposed universal tariffs could lead to soaring import prices. Shares of Dollar General have lost 4% this month, pushing its 2024 decline to more than 43%. Elsewhere, Klarman dumped his $35 million investment in Capri last quarter.

Persons: Baupost's Seth Klarman, Michael Kors, Capri, Donald Trump, Klarman, Benjamin Graham's, Warren Buffett, Baupost Organizations: Dollar, Federal Trade Commission, Boston, Harvard, Cornell grad, Wesco International, Eagle Materials Locations: Capri, Tamboran Resources, Australian

☆ Amazon's new discount section 'Haul' looks like a Temu version of Temu
▼ + stars: | 2024-11-14 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +4 min

I've gotta say, sadly: It's the Temu version of Temu. It's Amazon's attempt to compete with cheap e-commerce apps like Temu, Shein, and the TikTok Shop. The Haul section of Amazon's app is now in beta mode. The sweater section on Amazon's Haul section has a familiar aesthetic. But for now, to me, it just feels like a sort of crummy version of Temu.

Persons: —, Ava Max, Lady Gaga, It's, Obama, Shein, China — Organizations: Amazon, Service, Apple, Business Locations: Temu, China, Utah

☆ Amazon just released its Temu killer and Bank of America likes the move
▼ + stars: | 2024-11-14 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Bank of America sees Amazon' s discount storefront offering as a beneficial tool in fending off Temu and Shein. The e-commerce giant launched its Haul platform on the Amazon app, exclusively featuring products under $20. Bank of America analyst Justin Post said Temu and Shein's growth over the past year created a headwind of 1 percentage point for Amazon, according to an analysis of Bloomberg Second Measure data. Amazon's new offering comes as retailers have tried to compete with Temu and Shein, which are known for their low price tags. He said Amazon and these other companies could face obstacles if President-elect Donald Trump's proposed tariffs on imports come to fruition.

Persons: Justin Post, Temu, Donald Trump's, Post, LSEG Organizations: of America, Shipping, Bank of America, Amazon, Bloomberg

We’ve got you covered if you’re looking for how to get tickets to Rascal Flatts’ 2025 concert tour. How to buy tickets for Rascal Flatts’ 2025 concert tourYou can buy standard original tickets to Rascal Flatts’ 2025 concert tour on Ticketmaster. Prices for tickets to Rascal Flatts’ 2025 reunion tour vary depending on the date, location, and demand for each show. Meanwhile, resale tickets for Rascal Flatts’ 2025 Life Is a Highway Tour are generally comparable to or cheaper than standard original tickets. The available VIP packages include the Rascal Flatts Hot Ticket Package (starting at $200), Rascal Flatts VIP Lounge Experience (starting at $315), and Rascal Flatts Premium VIP Lounge Experience (starting at $415).

Persons: Rascal, Rascal Flatts, Gary LeVox, Jay DeMarcus, Joe Don Rooney, We’ve, Durant, Lauren Alaina, Chris Lane Organizations: Business, Midwest, FL, Ticketmaster, Vivid Locations: Jacksonville , Florida, Greenville , South Carolina, United States, Florida, Evansville, Charleston, Rapids, MI, Sioux, Bay, WI, Moline, IL, Columbus, Toledo, Youngstown, Manchester, Uncasville, Allentown, Huntsville, Savannah, Fort Worth , TX, Lafayette, LA, Estero, FL, Orlando, Jacksonville, Rock , Arkansas, Toledo , Ohio, Green, , WI, Durant , Oklahoma

☆ The best job-search advice this career expert of 15 years has heard: ‘You can even the playing field’
▼ + stars: | 2024-11-13 | by ( Jennifer Liu | ) www.cnbc.com time to read: +2 min

Jasmine Escalera has seen her fair share of career advice, both good and bad, on social media over the years. But one thing she says platforms like TikTok do well is sharing videos and tips of how to network effectively. "Focus on the advice that's more about how to build a professional network that's healthy and supportive," she says. Try asking, "Do you have any information and advice on the salary range you normally see in X position?" Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Jasmine Escalera, Escalera, aren't Organizations: CNBC Locations: Miami

☆ Why Builders Are Renting Out New Houses Instead of Cutting Home Prices
▼ + stars: | 2024-11-13 | by ( James Rodriguez | ) www.businessinsider.com time to read: +11 min

Builders, meanwhile, are luring buyers with some perks but are barely budging on prices. That's partly because these companies have another place to turn: the rental market. Opportunistic investors — mostly small and midsize players, who own the vast majority of single-family rentals in the country — are happy to oblige. Builders have also started developing entire communities of single-family homes to be rented out rather than sold, a strategy known as build-for-rent. Their embrace of the rental market says more about the obstacles for buyers than for builders.

Persons: homebuilders, John Burns, Keith Hughes, —, Horton, Don Mullen, they've, Adam Stern, Sean Morgan, Alex Offutt, Ray Sturm, Sturm, Selma Hepp, It's Organizations: John Burns Research, Consulting, Builders, John, Houston, Owners, SFR, Sun, Dallas, Local, Business Purpose, Offutt Locations: Tampa , Florida, Carolinas, Nashville, Horton

☆ Dwayne 'The Rock' Johnson used to wrestle for $40 a match: Here's the key Hollywood lesson he learned that helped him succeed
▼ + stars: | 2024-11-13 | by ( Nicolas Vega | ) www.cnbc.com time to read: +3 min

Long before he was one of the highest paid movie stars in the world, Dwayne Johnson was wrestling for just $40 a match. "When I got into the business of Hollywood and moviemaking, it's like, 'Okay, well, what kind of movies do I want to make?' Johnson said he was methodical about the way he selected his roles, always following the mantra of "Audience first." "It was also an opportunity for me, I realized, to stretch myself in ways that I hadn't been stretched yet," Johnson says. But don't expect Johnson to leave his $40 lesson behind after his dramatic turn.

Persons: Long, Dwayne Johnson, Johnson, Mark Kerr, there's Organizations: United States Wrestling Association, WWF, WWE, Waffle, USWA, UFC, CNBC Locations: Tennessee —, Hollywood

Liberty Media announced Wednesday that it's spinning off most assets besides Formula One auto racing into a separate publicly traded company, called Liberty Live, and that CEO Greg Maffei is stepping down at year-end. After the split, Liberty Media will hold Formula One, which Liberty acquired in 2016 and later spun out as a tracking stock, and MotoGP, upon the closing of that transaction. The Liberty Media and Liberty Live split is expected to be completed in the second half of 2025, and the sale of Liberty Broadband to Charter is projected to be completed in mid-2027. "Following today's announcements at Liberty Media and Liberty Broadband, all the Liberty acquisitions completed during my tenure are now in structures where shareholders can have more direct ownership in their upside," Maffei said in a separate release. He's chairman of the board of Liberty Media, Liberty Broadband and Liberty Global.

Persons: Greg Maffei, John Malone, Malone, Chris Marangi, it's, It's, Quint, Maffei, He's, Discovery — Organizations: Liberty Media, Formula, Liberty, Liberty Media . Liberty, Gabelli, MotoGP, Live Nation Entertainment, Communications, Liberty Broadband, Liberty Live Group, Charter, Warner Bros, Discovery, Liberty Global, TCI, AT Locations: Manhattan, Liberty

☆ Morgan Stanley upgrades AI play on the insurance industry, sees 30% rally
▼ + stars: | 2024-11-13 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

It is time to consider scooping up shares of a little-known software play, according to Morgan Stanley. CCC is a software as a service provider specializing in the property-casualty insurance sector and working with insurers and collision repairers. CCCS YTD mountain Shares this year "CCCS is a market share leader, positioned to capture value digitizing and automating the [property and casualty] Insurance industry," Baer wrote. "Established solutions, ramping emerging solutions and AI help to sustain high-single-digit growth." CCC's shares have also underperformed those of its vertical software peers, offering an attractive valuation discount and entry point relative to competitors, the analyst noted.

Persons: Morgan Stanley, Josh Baer, Baer Organizations: CCC, Services, Insurance

☆ Investor overseeing $1 trillion at Nuveen names her No. 1 idea right now
▼ + stars: | 2024-11-13 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Investors looking for opportunities in this elevated market may want to take a look at U.S. small caps, according to Nuveen's Saira Malik. "That's why we're looking at areas that are cheap — small caps trading at that big discount. Malik views small caps as one of the most attractive areas amid a broad rally that's boosted the major indexes and valuations to new highs. "Deregulation is going to make the world an interesting place, because it could open up more M & A activity, which, again, positive for small caps trading at that deep discount to their counterparts," Malik said. The iShares Russell 2000 ETF (IWM) , which tracks the Russell 2000, is up 8% this month.

Persons: Nuveen's Saira Malik, Smalls, Donald Trump's, Kamala Harris, Russell, Trump's, Malik, Nuveen, bode, Trump Organizations: CNBC's Delivering Alpha Conference Locations: U.S

☆ Amazon debuts discount store with everything under $20 to take on Temu and Shein
▼ + stars: | 2024-11-13 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Amazon has rolled out a new storefront featuring apparel, home goods, electronics and other items priced below $20, to fend off growing competition from discount upstarts Temu and Shein. Called "Amazon Haul," the storefront is accessible through the company's mobile app, and promises "crazy low prices" on a plethora of goods. CNBC previously reported that Amazon planned to launch its own discount webstore with goods shipped directly from China. With Amazon Haul, the company is responding to the rise of Temu, Shein and TikTok Shop, which all have ties to China, the world's second-largest economy. Amazon is able to offer low prices through its Haul storefront by importing each item directly from manufacturers in China, similar to how Temu's and Shein's business models operate.

Persons: Dharmesh Mehta, it's Organizations: Shoppers, Amazon, CNBC Locations: China, U.S

☆ Nasdaq CEO shares the best investing advice she's given her own son: It’s a ‘foundational element of wealth creation’
▼ + stars: | 2024-11-13 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

It's her most important money advice for all investing newcomers — including her own children, Friedman told CNBC Make It on Tuesday while speaking at the Fortune Global Forum 2024. "Learn by doing — with small amounts of money, or even on platforms where you don't actually have to use real money," said Friedman. The earlier you can start investing, the better, added Barclays CEO C.S. 'They should start young from that first paycheck, have a really long term view, and the equity markets are a really important part of that." Later in life, you'll thank yourself for starting early, said Friedman: "[Investing] is a foundational element of wealth creation in this country."

Persons: millennials, Gen, Adena Friedman, Friedman, Gen Zers, Roth, Douglas Boneparth Organizations: Nasdaq, CNBC, Fortune, Young, Survey, Barclays, C.S, Global Locations: New York

☆ Singles’ Day shopping festival loses its shine under China’s lagging economy
▼ + stars: | 2024-11-12 | by ( Associated Press | ) www.nbcnews.com time to read: +4 min

HONG KONG — Businesses and consumers in China found the annual Singles’ Day shopping festival less attractive this year due to a sluggish economy, forcing e-commerce firms to look abroad for growth. While Singles’ Day was previously a one-day event, shopping platforms in China now kickstart the festival weeks ahead to drum up sales volume. But amid China’s lagging domestic economy, dragged down by a real estate crisis and deflationary pressures, consumers no longer go all out during the shopping extravaganza. Wang said that the prices offered on e-commerce platforms during Singles’ Day are not necessarily cheaper than usual. “I used to buy a lot two or three years ago and I even purchased a mobile phone (during Singles’ Day),” he said.

Persons: Alibaba, ”, —, “, Wang Haihua, Wang, we’ve, Zhang Jiewei, ” Zhang, Shaun Rein, ” Rein, Gucci, Jacob Cooke, ” Cooke Organizations: HONG KONG —, China Market Research Group Locations: HONG KONG, China, Singapore, Hong Kong, Beijing, Xi’an, Shanghai, “

☆ 5 tips to relinquish control and focus on what really matters: 'Commit to observing,' Zen Buddhist monk says
▼ + stars: | 2024-11-12 | by ( Renée Onque | ) www.cnbc.com time to read: +4 min

"There are many things in this world that we cannot control," Masuno wrote. Accepting that most things are out of our control can be tough, but there's freedom and peace in letting go, Shunmyo Masuno says. Aim to be more detached in relationshipsKeep in mind that there is a very fine line between being attentive and being meddlesome, Masuno wrote. Try not to worry about every little thingSometimes it's in your best interest to be more skilled at forgetting, Masuno wrote. "Don't leave your eyes and ears open all the time," Masuno wrote.

Persons: Masuno, Shunmyo Masuno, it's, You'll, John F, Kennedy, you'll Organizations: CNBC

☆ Matthew McConaughey turned down $15 million role to be happy: 'The residuals decline on quality of life'
▼ + stars: | 2024-11-12 | by ( Nicolas Vega | ) www.cnbc.com time to read: +3 min

Matthew McConaughey knows that success can lead to making a lot of money, but the actor says that the two are not the same. But McConaughey said he's looking to make a "profit" in his life rather than in his bank account. They couldn't necessarily say what they were good at, just good dealmakers who made the right calls." McConaughey reportedly turned down a $15 million offer to star in a "Magnum, P.I." Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Matthew McConaughey, McConaughey, who've Organizations: Guardian, Dallas Buyer's, CNBC

Search resuls for: "Discount"

25 mentions found